<?xml version="1.0" encoding="utf-16"?><rss xmlns:a10="http://www.w3.org/2005/Atom" version="2.0"><channel><title>DONG ENERGY</title><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/RSS.ashx</link><description>DONG ENERGY Pages</description><lastBuildDate>Thu, 10 Feb 2011 22:31:41 +0100</lastBuildDate><a10:id>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/</a10:id><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=1</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=1</link><title>DONG ENERGY Page 1</title><description>Moving EnErgy Forward</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=2</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=2</link><title>DONG ENERGY Page 2</title><description>2</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=3</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=3</link><title>DONG ENERGY Page 3</title><description>is set Dong Energy has a long-term vision: to provide reliable energy without Co2. this is the goal we are headed for and are working towards every day through new investments and ongoing adjustments. ThE CoursE natural gas makes the journey reliable natural gas is in demand, available and can be stored – and far less Co2 is emitted from the burning of natural gas compared to coal and oil. natural gas is therefore crucial to obtain a reliable and more climatefriendly energy supply to power stations, industry and consumers for many years to come. this is an aspect we deal with in dong energy. through a targeted investment plan, we have secured a significant ongoing production of natural gas, and we complement our own production with long-term supply contracts with external suppliers. With the 85/15 strategy we take a big step today, 85 percent of dong energy’s heat and power is produced by fossil fuels – mainly coal. now we have set ourselves a goal: over the next 30 years we will reduce Co2 emissions per produced kwh to 15 percent of current levels. we handle the greatest reduction first. within the next 10 years we will halve Co2 emissions per kwh produced. Moving Energy Forward alone, dong energy cannot ensure that the global energy supply undergoes the necessary change in the years ahead. we know that. we hope we can help show the way. we do know where dong energy is headed – we have defined the course and the goal for our own journey – and the journey has begun. we call it Moving energy Forward. Less coal in order to reduce Co2 emissions, we have decided to suspend the production at 25 percent of our coal-fired power station capacity. at the same time we have stopped developing new coal fired power stations and we plan to convert some of the remaining coalfired power station units for biomass. More wind nature has given us ample wind resources. today, dong energy is a market leader in the development and construction of offshore wind farms. we will strengthen this position. Anders Eldrup Ceo 3</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=4</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=4</link><title>DONG ENERGY Page 4</title><description>must change More energy with less Co2 requires changes the world population grows and the global energy consumption is expected to rise as more and more people benefit from the modern and energy-dependent lifestyle. at the same time we note that the present energy production has an adverse effect on the climate through global warming. the requirements for the future energy supply are thus clear: the world needs more energy with less cO2. this requires a change of the entire energy system. energy supply when we transport ourselves and goods from one place to another. today 85 percent of the world energy supply is based on fossil fuels such as coal, oil and natural gas. this dependency must be reduced. having said this, the International energy agency estimates that we will continue to rely on fossil fuels for many years to come. ThE WorLD’s A reliable energy supply must be planned renewable energy sources such as wind, water and the sun change according to weather and season of the year. and until the required technologies are available to ensure a reliable energy supply from renewable sources, fossil fuels will continue to play a significant role. A reliable energy supply is crucial Our modern society is dependent on a reliable energy supply. We do not necessarily think about it, but high reliability of supply ensures the continuity of our everyday lives, whether at work, at home or 4</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=5</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=5</link><title>DONG ENERGY Page 5</title><description>5</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=6</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=6</link><title>DONG ENERGY Page 6</title><description>Dong EnErgy suppLiEs ThE EnErgy – also in Future 6</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=7</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=7</link><title>DONG ENERGY Page 7</title><description>Energy around the clock as an energy company, it is our responsibility to supply the energy our customers want – when they want it and where they want it. 24 hours a day – every day of the year. DOng energy procures, produces, distributes, trades and sells energy to wholesale customers and end-users. through own production, partnerships and long-term agreements with other energy producers, we have ensured our customers a reliable supply of oil, natural gas, heat and power for years to come. Three paths lead to reliable energy without Co2 Our 85/15 strategy helps us navigate to ensure that just within 10 years we will halve the emission of cO2 per kWh produced in our heat and power production. We build more and more wind turbines, and by also ensuring the deliveries of natural gas many years ahead, we can supply reliable – and more climate friendly – energy to the power stations and to our customers. In addition, innovation is essential. therefore, DOng energy is involved in many exciting development projects and partnerships in wind power, in incineration of biomass, in the production of 2nd generation bioethanol, and in flexible consumption patterns. On the following pages you can read more about our journey towards reliable energy without cO2. reduced impact on environment and climate each and every one of us is responsible for saving energy and thereby reducing the impact on environment and climate from energy production and consumption. as an energy company, DOng energy has a special responsibility for ensuring that the energy we supply to our customers is procured, produced and distributed in as environmentally friendly a manner as possible. We take this responsibility very seriously. 7</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=8</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=8</link><title>DONG ENERGY Page 8</title><description>ThE sTrATEgy thrOugh Investments WIll be realIseD 8</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=9</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=9</link><title>DONG ENERGY Page 9</title><description>Wind is crucial Massive investments lies ahead of dong energy in order for the 85/15 strategy to become a reality, and wind power is an important part of our investment plan for the coming years. in 2009 dong energy opened the world’s so far largest offshore wind farm; Horns rev 2. within the next few years we are investing heavily in more offshore wind farms. gunfleet sands and walney off the British coast are already in progress, and with a number of partners dong energy invests in london array. when completed, london array will be the world’s largest offshore wind farm. ahead, the reliable power supply will be ensured by the power stations. therefore, we also invest in ways to change our power station production with the purpose of reducing the Co2 emitted per kwh produced. Co2 neutral biomass helps us on track For many years, our power stations have primarily used coal as fuel, but in recent years we have begun using Co2 neutral fuels such as straw and wood pellets. actually, dong energy is among the best in the world when it comes to the use of biomass in the heat and power production, and we will increase the utilisation of biomass significantly over the coming years. improving the efficiency – wind, however, is not a reliable energy source wind power plays an important role in our journey towards our vision, and we have more than 15 years experience in the design, building and operation of offshore wind farms. we are now using this expertise to industrialise the construction of our future offshore wind farms. thus, we can further increase the cost effectiveness of the projects. However, wind is not a reliable energy source. at present and for many years Fossil fuels are not all alike Fossil fuels are not all alike, and we will benefit from their various properties in our heat and power production. since natural gas emits far less Co2 per kwh produced, we will continue replacing more and more coal with natural gas. Here too our investment plan is ready. in norway, great Britain and Holland, dong energy is constructing power stations solely fuelled by natural gas. 9</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=10</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=10</link><title>DONG ENERGY Page 10</title><description>leads tHe way The energy system turned upside down to protect the climate we must reduce the use of fossil fuels in the energy supply. that is a fact. But as we gradually say goodbye to fossil fuels in the global energy production, we also say goodbye to a flexible source of energy which enables the energy supply to be adjusted according to demand. with renewable energy sources such as wind, water and the sun, it is different. until an effective storage of renewable energy is possible, the production from renewable energy sources will depend on weather and season – not only on demand. InnOvatIOn Flexible energy consumption Heavy investment in renewable energy sources is still required, while at the same time efforts must be made to integrate renewable energy into the energy system. dong energy works hard on both. the more renewable energy integrated into the energy system, the greater the risk of imbalance between production and consumption. if the consumption is further adapted to the energy production, we will be able to exploit the renewable energy better. one of dong energy’s focus areas is to adjust the power consumption to meet the energy production from wind turbines. therefore, we work targeted to develop an intelligent power grid. WinD poWEr hore the development within offs and wind farms is fast moving, hni tec ng stro ’s dong energy the e driv cal know-how helps development. iover the years we have opt s, farm d win mised the design of improved foundations and cable connec tions, and now ising we have started industrial cthe entire design and constru tion process. in future we can therefore design and build re offshore wind farms even mo effectively. 10</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=11</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=11</link><title>DONG ENERGY Page 11</title><description>Tion 2nD gEnErA l BioetHano rafirst demonst of the world’s e on 09 20 or tion bi nd in novembe n of 2 genera r the productio fo ts inbicon is an ry pl ia n tio gy’s subsid er en g n o d ed. eutral ethanol open w into Co2-n converts stra at th t an pl e . behind th ded to petrol hich can be ad bioethanol, w ue inbicon’s uniq be ay m gy technolo ns tio lu so one of the ce du needed to re s in Co2 emission sector t or sp the tran e same th t a in future. can ol time bioethan l help reduce oi . cy en depend soLAr poWEr solar power is a Co2-free energy source with great potential, but the technology needs to be further refined in order for solar power to play an important role in the total energy supply. dong energy focuses especially on solar panels that convert solar light into electricity – and we have supplied scandinavia’s so far largest solar panel to the Crowne Plaza Copenhagen towers. FLExibLE ConsuMPtion Power cannot yet be stored in sufficient quantities – it has to be used when it is produced. wind power can be utilised even better if we begin adapting the power consumption to the wind power generation. this is where electric cars come in, since a car battery can be charged when there is surplus wind power – for example at night. in cooperation with Better Place denmark we are working to create a framework for electric cars in denmark. bioMAss dong energy is among the best in the world within utilisation of straw as fuel in the heat and power production. we are working to increase the share of biomass in our power stations, and with partners we are active in renescience. renescience is a development project in which biological waste is pre-treated with enzymes that liquefy the waste before it is converted into synthetic gas or biofuel. we are convinced that the project has fine perspectives. 11</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=12</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=12</link><title>DONG ENERGY Page 12</title><description>Knowledge ensurIng the busIness In future Active in all parts of the energy value chain dong energy is active in all parts of the energy value chain – from exploration and production of oil and natural gas in the underground; production of heat and power; purchase and sale of energy on the european energy exchanges; to the sale and distribution of natural gas and electricity to our customers. Being present throughout the energy value chain provides us with unique and extensive knowledge of the market, our partners, stakeholders and customers. First and foremost, our knowledge and access to a wide range of energy solutions provides our customers with the best, long-term solutions. Is the key tO Ambitious with will and ability to change dong energy’s employees represent a wide range of educations, skills and experience. we have highly specialised employees in engineering science, economics, but also other specialists such as geologists. we have a broad range of skilled generalists, project managers, sales and service workers and administrative staff who all have a decisive impact on dong energy’s momentum and growth potential. as colleagues, we are all different, and our daily tasks are diverse, but we all have one in common: we are ambitious people. 12</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=13</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=13</link><title>DONG ENERGY Page 13</title><description>13</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=14</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=14</link><title>DONG ENERGY Page 14</title><description>14</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=15</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=15</link><title>DONG ENERGY Page 15</title><description>ExpLorATion &amp;amp; proDuCTion generatIOn explOratIOn &amp;amp; prODuctIOn in our inDusTry We aIm hIgh anD seek Deep exploration &amp;amp; production is responsible for DOng energy’s exploration and production of oil and natural gas. exploration &amp;amp; production has considerable competencies, experience and specialist knowledge within exploration and production of oil and natural gas, and within the development of existing and new fields. today our portfolio comprises approx. 70 exploration and production licenses, such as the siri area and syd-arne in the Danish part of the north sea, and our largest producing field Ormen lange located on the norwegian shelf. moreover, our licenses in energy markets norway comprise ula, gyda, tamber and alve in the norwegian part of the north sea, as well as exploration licenses in the barents sea. In addition, we are the largest licence holder in the West of shetland region and we are active exploring in the waters outside the faroe Islands and off greenland. exploration &amp;amp; production has a stake of gassled that includes the world’s largest offshore natural gas pipeline system. the system leads natural gas from the norwegian fields to northern europe and great britain, and thus gives us access to an important infrastructure. sales &amp;amp; DIstrIbutIOn 15</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=16</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=16</link><title>DONG ENERGY Page 16</title><description>Case 1 orMEn LAngE a groundBreaKing natural gas Field the huge natural gas field ormen lange is located in the norwegian part of the north sea with sea depths between 800 and 1100 meters. However, the difficult conditions in the region – such as water depth, strong winds and an uneven seabed – made the installation of production equipment a challenging process. dong energy owns about 10 percent of the field. it is our largest producing field and one of the world’s most advanced production facilities. the natural gas is produced by an underwater installation placed on the seabed and connected to a large onshore treatment plant in nyhamna in norway. From here, natural gas is transported through the gassled system. exploration &amp;amp; Production’s share of the estimated reserves in ormen lange is approx. 40 billion m3 of natural gas. ormen lange thus contributes to ensuring a reliable natural gas supply to part of our market for years to come. 16</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=17</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=17</link><title>DONG ENERGY Page 17</title><description>ExpLorATion &amp;amp; proDuCTion Case 2 WE ArE invoLvED FroM tHe outset in west oF sHetland in the west of shetland region, dong energy heads a large exploration project. it is estimated that nearly one fifth of Britain’s remaining oil and natural gas reserves are stored in the entire region. we have thoroughly investigated the region west of shetland, but strong winds, deep water, strong currents and volcanic subsoil make investigations a challenging process. But using our specialist knowledge and experience as well as the latest, most innovative seismic technologies, we are well on track. in 2009 we found natural gas in one of the licenses operated by us. we expect the west of shetland region to become one of exploration &amp;amp; Production’s main production regions in the future. generatIOn Case 3 energy markets nEW opporTuniTiEs in old data It takes large investments to search and drill for oil and natural gas. therefore it is important to know the underground extremely well before we carry out test drilling. One method is to use seismic sound waves, which reveal possible occurrences of oil and natural gas several kilometres below the seabed. exploration &amp;amp; production has extracted oil and natural gas in the north sea for several years and over time we have obtained and analysed large volumes of seismic data. as the technological development proceeds, new seismic technologies provide us with more detailed results than previously. for example, with new silencing technologies it is now possible to remove unnecessary noise which would otherwise lead to misinterpretation of seismic data. by looking with new eyes at improved versions of existing data material, we will more easily identify hidden deposits of oil or natural gas, and we therefore ensure improved utilisation of existing wells before we leave them. sales &amp;amp; DIstrIbutIOn 17</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=18</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=18</link><title>DONG ENERGY Page 18</title><description>generatIOn MoDErn heat anD pOWer prODuctIOn is MuLTiDiMEnsionAL generation is responsible for DOng energy’s production of heat and power. the production takes place at a number of thermal power stations in Denmark and is also generated by renewable energy sources primarily in Denmark, in great britain, sweden and poland. generation is one of the world’s most experienced companies within the design, construction and operation of offshore wind farms. In 2009 we opened the world’s largest offshore wind farm to date, horns rev 2, and more large wind farms are in the pipeline. by focusing on the technological development, we have simultaneously built up strong capabilities in the development and operation of high-efficient thermal power stations suited for several types of fuel such as coal, oil and biomass. 18</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=19</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=19</link><title>DONG ENERGY Page 19</title><description>explOratIOn &amp;amp; prODuctIOn gEnErATion energy markets sales &amp;amp; DIstrIbutIOn 19</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=20</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=20</link><title>DONG ENERGY Page 20</title><description>Case 1 Dong EnErgy invEsTs Heavily in wind Wind power plays a vital role towards meeting our long-term vision. In the autumn of 2009, we opened the world’s largest offshore wind farm to date, horns rev 2. the wind farm is located in the north sea 30 km off the Danish west coast. With its 91 turbines, horns rev 2 has a total production capacity of 209 mW, which is equivalent to an annual power consumption of approx. 200,000 households. We have more – and larger – wind farms in the pipeline. gunfleet sands offshore wind farm is expected to be operational in spring 2010. the wind farm is located off britain’s east coast at the mouth of the thames. In addition, the construction of the Walney offshore wind farm in the Irish sea is expected to begin in 2010. In cooperation with our partners, DOng energy will build the london array offshore wind farm. the production capacity in the first stage alone is three times larger than that of horns rev 2. this makes london array the world’s largest offshore wind farm when it is ready for production in 2012. 20</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=21</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=21</link><title>DONG ENERGY Page 21</title><description>explOratIOn &amp;amp; prODuctIOn Case 2 nATurAL gAs natural gas will play a significant role in the change in DOng energy’s heat and power production. natural gas only emits half as much cO2 per kWh produced compared to coal. at the same time it is possible to transport and store natural gas, and this ensures the necessary reliability. In norway, great britain and the netherlands we are constructing power stations solely fuelled by natural gas, and when ready in 2010, the british power station severn is expected to be one of the most efficient natural gas-fired power stations in britain. gEnErATion Case 3 inCrEAsED usE oF BioMass for some time, DOng energy has used cO2 neutral fuel, such as straw or wood chips at a number of our power stations. In fact we are at the forefront within utilisation of biomass in our heat and power production. In the coming years we aim to increase the use of biomass in our heat and power production. this increase will happen as we reduce the use of coal. the change in DOng energy’s thermal production will lead to less cO2 emitted per kWh produced. energy markets sales &amp;amp; DIstrIbutIOn 21</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=22</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=22</link><title>DONG ENERGY Page 22</title><description>22</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=23</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=23</link><title>DONG ENERGY Page 23</title><description>explOratIOn &amp;amp; prODuctIOn generatIOn energy markets the lInk betWeen EnErgy MArkETs proDuCTion anD cOnsumptIOn energy markets is the link between energy production and the market. It is therefore an important task for energy markets to ensure the balance between the energy supply made available by DOng energy and the energy demanded by DOng energy’s customers. energy markets buys, sells and distributes electricity and natural gas on the north european energy markets. We trade electricity, natural gas, coal, oil as well as cO2 quotas and cO2 credits on the european energy exchanges. moreover we sell natural gas, electricity and related products to our wholesale customers in Denmark, sweden, germany and holland. In addition, energy markets owns and operates parts of DOng energy’s natural gas infrastructure and manages the portfolio of purchase agreements on natural gas to ensure the supply to DOng energy’s customers. sales &amp;amp; DIstrIbutIOn 23</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=24</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=24</link><title>DONG ENERGY Page 24</title><description>Case 1 ThE roTTErDAM lng terMinal In future, liquefied natural gas (lng) will be an important source of supply to DOng energy. We are a partner in the coming Dutch lng terminal, gate ter-minal in rotterdam harbour, and we hold an annual capacity share of 25 percent for a 20-year period. When finished in 2011, the terminal will have a capacity to hold 12 billion m3 of lng per year. by cooling the natural gas to -161&amp;#176;c, its volume becomes 600 times smaller than natural gas extracted from the subsoil. this allows us to transport the natural gas by ship over long distances. the aim is to import lng and transport it further into the european transmission system for natural gas. this enables us to complement our pipe-based natural gas supplies from Denmark, norway, britain and russia with natural gas from other parts of the world, and thereby ensure a wider range of suppliers and sources of supply. Case 2 EnErgy TrADing AT ThE righT TiME and at tHe rigHt PriCe energy Markets helps ensuring that energy is always traded at the best price and at the best time. this optimises the energy portfolio on the short term and on the long term and adds value to our wholesale customers as well as to us. our experienced traders daily monitor changes in the energy prices on the european energy exchanges in order to buy and sell electricity, natural gas, coal, oil, Co2 quotas and Co2 credits at the right time. the traders therefore continually analyse factors that could affect our wholesale customers and dong energy in order to handle risk management and to optimise and balance the energy portfolio. energy Markets has an overall view of dong energy’s entire energy portfolio – with the broad range of products. this allows us to make quick decisions and act at the best possible time. 24</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=25</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=25</link><title>DONG ENERGY Page 25</title><description>explOratIOn &amp;amp; prODuctIOn generatIOn Case 3 FrEE hAnDs or CoMpLETE PortFolio ManageMent energy markets has partnerships with numerous local and regional distributors in northern europe. We are continually developing new products that our partners may use to optimise their business. such a product is DOng energy Deals – a risk management tool that enables our partners to trade natural gas on financial contracts, e.g. through our fixed price product. this enables our partners to safeguard daily against price fluctuations with limited risk. If our wholesale customers wish maximum yield with minimal involvement, energy markets offers to handle all energy purchases and to customise the most favourable energy portfolio matching the needs of our wholesale customers. EnErgy MArkETs sales &amp;amp; DIstrIbutIOn 25</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=26</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=26</link><title>DONG ENERGY Page 26</title><description>sales &amp;amp; DIstrIbutIOn energy sOlutIOns CustoMers and Businesses sales &amp;amp; Distribution is DOng energy’s link of the value chain towards the end-customers. sales &amp;amp; Distribution sells and distributes electricity, natural gas and other related services. We ensure a reliable and efficient distribution of energy solutions to end-customers by operating and maintaining electricity and natural gas distribution networks, as well as a natural gas To FuTurE storage facility and a natural gas treatment plant in Denmark. In addition, sales &amp;amp; Distribution sells electricity, natural gas and related products to around one million end customers in Denmark, sweden and holland. based on our comprehensive knowledge of energy and energy solutions, we offer advice on energy savings to our customers. 26</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=27</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=27</link><title>DONG ENERGY Page 27</title><description>explOratIOn &amp;amp; prODuctIOn generatIOn energy markets sALEs &amp;amp; DisTribuTion 27</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=28</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=28</link><title>DONG ENERGY Page 28</title><description>Case 1 ELECTriC CArs CAn hELp storing wind Power the sun shines and the wind blows regardless of the energy demand. the key to increasing the share of renewable energy is therefore to find ways to store the energy so that production and consumption do not have to take place simultaneously. dong energy is working constantly to help solve this challenge. an example is the electric car project. together with Better Place denmark, dong energy is engaged in a danish electric car project. electric cars make it possible to store wind power. when the production of wind power exceeds the demand – for instance at night – the electricity can be stored in the electric car batteries. the power produced at night may thus be used for transportation during the day time. Case 2 pArTnErships WiTh inDusTry lower tHe energy ConsuMPtion DOng energy advises companies how to reduce their energy consumption and optimise their energy solutions. usually a climate partnership leads to a 10 percent energy saving, and the company may choose to purchase renewable energy for the gain. an example is the climate partnership with the third most visited european theme park, tivoli. the goal is for us to help tivoli reduce their energy consumption by at least 10 percent, and since the end of 2009 tivoli has reserved its electricity from one of Denmark’s largest wind turbines that DOng energy has built near copenhagen. 28</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=29</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=29</link><title>DONG ENERGY Page 29</title><description>explOratIOn &amp;amp; prODuctIOn generatIOn Case 3 ThE WorLD’s FirsT sWAn ECo-LAbELLED Fuel For Cars and Buses through our partnership with swedish gothenburg energy, dong energy owns 50 percent of the swedish company Fordonsgas. in western sweden the company operates and builds gas stations with Fordonsgas fuel for cars and buses. Fordonsgas is a mixture of Co2 neutral biogas, derived from organic material, and natural gas. Fordonsgas consists of at least 50 percent biogas and therefore less Co2 per km is emitted compared to petrol. as the first fuel in the world, Fordonsgas has thus received the nordic swan eco-label. energy markets sALEs &amp;amp; DisTribuTion 29</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=30</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=30</link><title>DONG ENERGY Page 30</title><description>Dong Energy has a long-term vision: to provide reliable energy without Co2. this is the goal we are headed for and are working towards every day through new investments and ongoing adjustments. Anders Eldrup Ceo, dong energy 30</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=31</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=31</link><title>DONG ENERGY Page 31</title><description>31</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item><item><guid isPermaLink="true">http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=32</guid><link>http://ipaper.ipapercms.dk/DONGENERGY/Internet/UK/Movingenergyforward/?Page=32</link><title>DONG ENERGY Page 32</title><description>www.dongenergy.com Dong Energy A/s kraftv&amp;#230;rksvej 53 7000 fredericia Denmark tel. +45 99 55 11 11 08.12.46.01</description><a10:updated>2011-02-10T22:31:41+01:00</a10:updated></item></channel></rss>
